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Suzhou Cheersson Precision Industry Group Co (SZSE:002976) Market Cap : ¥2,633 Mil (As of Jun. 24, 2024)


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What is Suzhou Cheersson Precision Industry Group Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Suzhou Cheersson Precision Industry Group Co's share price for the quarter that ended in Mar. 2024 was ¥27.72. Suzhou Cheersson Precision Industry Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 121 Mil. Therefore, Suzhou Cheersson Precision Industry Group Co's market cap for the quarter that ended in Mar. 2024 was ¥3,344 Mil.

Suzhou Cheersson Precision Industry Group Co's quarterly market cap increased from Sep. 2023 (¥4,095 Mil) to Dec. 2023 (¥4,329 Mil) but then declined from Dec. 2023 (¥4,329 Mil) to Mar. 2024 (¥3,344 Mil).

Suzhou Cheersson Precision Industry Group Co's annual market cap increased from Dec. 2021 (¥2,658 Mil) to Dec. 2022 (¥2,716 Mil) and increased from Dec. 2022 (¥2,716 Mil) to Dec. 2023 (¥4,329 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Suzhou Cheersson Precision Industry Group Co's Enterprise Value for Today is ¥2,948 Mil.


Suzhou Cheersson Precision Industry Group Co Market Cap Historical Data

The historical data trend for Suzhou Cheersson Precision Industry Group Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Suzhou Cheersson Precision Industry Group Co Market Cap Chart

Suzhou Cheersson Precision Industry Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only - 2,628.00 2,658.00 2,715.60 4,328.99

Suzhou Cheersson Precision Industry Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,978.40 3,369.77 4,094.93 4,328.99 3,344.47

Competitive Comparison of Suzhou Cheersson Precision Industry Group Co's Market Cap

For the Metal Fabrication subindustry, Suzhou Cheersson Precision Industry Group Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suzhou Cheersson Precision Industry Group Co's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Cheersson Precision Industry Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Suzhou Cheersson Precision Industry Group Co's Market Cap falls into.



Suzhou Cheersson Precision Industry Group Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Suzhou Cheersson Precision Industry Group Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=¥35.88*120.652
=¥4,329

Suzhou Cheersson Precision Industry Group Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥27.72*120.652
=¥3,344

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Suzhou Cheersson Precision Industry Group Co  (SZSE:002976) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Suzhou Cheersson Precision Industry Group Co Market Cap Related Terms

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Suzhou Cheersson Precision Industry Group Co (SZSE:002976) Business Description

Traded in Other Exchanges
N/A
Address
28 Chenchen Road, Tongguan Industrial Park, High-tech Zone, Suzhou, CHN, 215151
Suzhou Cheersson Precision Metal Forming Co Ltd is engaged in the research and development, production, and sales of precision metal parts and corresponding molds for mobile communications, automotive, power and electrical industries.

Suzhou Cheersson Precision Industry Group Co (SZSE:002976) Headlines

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